The Finance Algorithm
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Motor Vehicle Finance

Buying a car is all about a multitude of choices - colours, makes, optional extras and models. If a car gives you freedom of choice, why be limited to a car loan that doesn't offer the same? At BOQ Specialist, we offer a wide choice of tailored motor vehicle financing solutions and go to great lengths to give the financing that's right for you. Not only can we offer competitive car finance interest rates, we can offer flexible repayment structures to suit your needs.

Business loansRates on applicationBank updated 12 Mar 2026
Apply at BOQ Specialist ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Pricing
Rates on application
Monthly fee
$25

Fees

16 fees published, grouped by when they're charged.

  1. When you take it outVariesDocumentation or Establishment Fee
  2. While you hold it$25 a monthMonthly Account Keeping Fee
  3. When you close it or pay it offVaries2 fees, each listed below

When you take it out1

  • Documentation or Establishment Fee

    Charged for set up of the Facility

    Varies

While you hold it1

  • Monthly Account Keeping Fee
    $25 a month

When you make a transaction2

  • Direct Debit Processing Fee

    Charged for each time a direct debit is received from you

    Varies
  • SWIFT Fee

    Charged if sending payment via SWIFT

    $30

If a payment is late or fails1

  • Payment Dishonour Fee

    Charged each time a cheque or payment made by you is dishonoured

    $15

When particular things happen9

  • Bank Cheque Fee

    Charged if sending payment via Bank Cheque (per bank cheque)

    $10
  • Escrow Services Fee

    An escrow services fee is payable at the end of each escrow agreement you make with us.

    Varies
  • Settlement Cancellation Fee

    Charged if a booked settlement does not proceed

    $150
  • Application Reassessment Fee

    Charged when an application is reassessed

    $250
  • Break Costs

    Payable if an agreement is terminated before expiration of the term of that agreement

    Varies
  • Consent to lease Fee

    Charged when a consent to registration of lease and production of Certificate of Title is required

    $395
  • Substitution/Assignment/Novation Fee

    $450 plus any applicable External Costs

    Varies
  • Trust Deed Review

    Charged when a trust deed requires review

    $220
  • Variation Fee

    $395 - $950. Charged for any variations made to the loan that need documentation

    Varies

When you close it or pay it off2

  • Discharge Fee

    $150 (PPSR security) $250 (property) Charged each time a security is discharged (per security)

    Varies
  • Termination Fee

    Payable if an agreement is terminated before expiration of the term of that agreement

    Varies

Features

  • Can be structured for an individual, company or trust
  • Fixed and variable terms of up to seven years
  • Loans can be structured with or without balloon payments
  • Car loan repayments to suit your cash-flow
  • Competitive car loan interest rates
  • Car finance available for both new and used vehicles
  • Option to finance for business or private use
  • Structured car loan options including car finance lease, hire purchase, chattel mortgages and novated lease

Eligibility and limits

  • Exclusively available to medical, dental, veterinary and accounting professionals

Published by BOQ Specialist under the Consumer Data Right, last changed by them on 12 Mar 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.